National Feedstuffs Market Review

1/18/2013 3:00 PM

MS_GR850Minneapolis, MN Wed, Jan 16, 2013 USDA Market NewsNational Feedstuffs Market Review **All prices quoted per ton unless otherwise noted**The USDA Market News Service reports feed ingredient prices for the week ending January 15, were mixed. Soybean Meal was 3.70 lower to 8.60 higher. Cottonseed Meal was 5.00 lower to 3.00 higher. Whole Cottonseed was 3.00 lower to 5.00 higher. Canola Meal was 10.00 to 20.00 higher. Linseed Meal was 5.00 higher. Sunflower Meal was steady. Crude Soybean Oil was 134 to 183 points higher. Crude Corn Oil was 50 points higher. Meat and Bone Meal was steady to 11.00 higher, mostly steady. Blood Meal was steady to 10.00 higher. Feather Meal was steady to 35.00 higher. Fishmeal was steady. Corn Hominy was 10.00 lower to 5.00 higher. Corn Gluten Feed was steady to 10.00 higher. Corn Gluten Meal was 10.00 to 60.00 lower. Distillers Dried Grains were steady to 19.00 higher. Wheat Middlings were steady to 10.00 lower with the exception of California, which was 11.00 to 12.00 higher.OILSEEDS: On Wednesday, January 15, the March Soybean Meal futures closed 1.00 higher at 411.90; May closed 3.10 higher at 406.70. The March Soybean Oil futures closed 134 points higher at 50.87 cents per pound; May closed 127 points higher at 51.22 cents per pound. Offers of high protein Soybean Meal in Central Illinois were steady to 1.00 higher from 426.90-430.90; Iowa was 1.00 to 3.00 lower from 405.90-417.90; Kansas City was 1.00 higher from 418.90-421.90; Minneapolis was 1.00 lower to 1.00 higher from 408.90-417.90; St. Louis was steady to 5.00 higher from 439.00-477.00; Memphis was 6.60 to 8.60 higher at 452.50; Portland was 2.00 to 3.70 lower from 458.90-470.90; BN Santa Fe delivered Chino Valley was steady to 3.50 higher from 465.90-472.90; Union Pacific delivered Chino Valley was steady to 1.00 lower from 465.90-467.90. Cottonseed Meal FOB the Central San Joaquin Valley in California was 2.00 to 3.00 higher 355.00-370.00; Kansas City was steady from 360.00-375.00; St. Louis was steady to 5.00 lower from 355.00-365.00; Memphis was steady from 325.00-335.00. Whole Cottonseed FOB the Central San Joaquin Valley in California was steady to 4.00 higher with offers from 385.00-390.00; delivered to Portland was 3.00 lower to 5.00 higher from 380.00-385.00; Memphis was 2.00 higher at 280.00. Offers for nearby delivered Canola Meal, 34 to 36 percent protein, delivered to Portland was 10.00 to 20.00 higher from 339.90-365.00. Linseed Meal, 34 pct protein was 5.00 higher with limited offers at 290.00 in the North Dakota-Minnesota area. Sunflower Meal, 23 pct fiber, 28 pct protein was steady from 250.00-255.00 in the North Dakota-Minnesota area. The Soybean Oil in Central Illinois was 183 points higher from 48.37-49.12 cents per pound; Iowa was 134 to 173 points higher from 47.87-49.12 cents per pound; Minnesota was 134 to 173 points higher from 47.87-49.12 cents per pound. Crude Corn Oil in Central Illinois was 50 points higher from 51.50-52.50 cents per pound. ANIMAL PROTEINS: Meat and Bone Meal in the Central U.S. was not established early; Pork was 440.00 in late trade; FOB the Texas Panhandle had no quote; Minneapolis was steady from 350.00-385.00, pork ranged 425.00-435.00; St. Louis was steady from 310.00-350.00 for ruminant; Pork ranged 420.00-430.00; Portland FOB production points was steady to 11.00 higher from 365.00-405.00; FOB Central and Northern California was steady from 360.00-370.00; FOB Los Angeles was steady at 360.00. Blood Meal in the Central U.S. ranged 1100.00-1150.00; Pork was not established in late trade; FOB the Texas Panhandle had no quote; Minneapolis was steady to 10.00 higher at 1110.00; delivered to the San Joaquin Valley was steady at 1125.00. Feather Meal in Kansas City was 15.00 to 35.00 higher from 665.00-700.00; Minneapolis was steady from 675.00-685.00; Arkansas was steady to 5.00 higher from 660.00-665.00; Mississippi was also steady to 5.00 higher from 660.00-665.00. Menhaden Fish Meal was steady at 1425.00 in the Gulf Coast for both FAQ and Select qualities. The East Coast was steady at 1425.00 for both the FAQ and Select qualities.CORN FEEDS: Yellow Corn Hominy in Central Illinois was 5.00 higher at 215.00; Kansas City (Northwest) was 10.00 lower at 240.00; St. Louis was steady at 251.00; rail delivered California was not available. Corn Gluten Feed in the Midwest (IA, IL, IN) was steady to 10.00 higher from 190.00-220.00; Kansas City was steady to 10.00 higher from 250.00-265.00; St. Louis was steady to 5.00 higher from 200.00-220.00. Corn Gluten Meal, 60 percent protein in the Midwest (IA, IL, IN) was 25.00 to 30.00 lower from 515.00-650.00; Kansas City was 40.00 to 60.00 lower at 700.00; St. Louis was 10.00 to 15.00 lower from 640.00-690.00; Memphis was 30.00 lower at 590.00. Distillers Dried Grain prices in Eastern Corn-belt were 1.00 to 5.00 higher from 250.00-275.00; Chicago area was 10.00 to 15.00 higher from 260.00-265.00; Lawrenceburg, IN was not available; Nebraska was 17.50 to 19.00 higher from 270.00-301.00; Minnesota was 5.00 higher from 243.00-253.00; Kansas was steady to 5.00 higher from 265.00-285.00; Iowa was steady to 2.00 higher from 245.00-260.00; Northern Missouri was 2.00 to 6.00 higher from 254.00-262.00; St. Louis was sead6y to 10.00 higher from 260.00-270.00; Wisconsin was steady from 250.00-260.00; rail delivered California was 8.00 to 17.00 higher with offers from 319.00-328.00.WHEAT MILLFEEDS: Wheat Middlings in Buffalo, NY was steady to 10.00 lower from 205.00-210.00; Kansas City was steady from 185.00-195.00; Minneapolis was steady to 3.00 lower from 197.00-215.00; St. Louis was steady from 174.00-220.00; Memphis was 10.00 lower at 240.00. Wheat Millrun delivered Portland was steady at 255.00. Wheat millrun truck delivered FOB Northern and Central California mills was not available; FOB Los Angeles mill was 11.00 to 12.00 higher with offers from 242.00-264.00.OTHERS: Offers for rice bran was steady to 5.00 higher; millfeed was steady; hulls were steady to 5.00 higher. Alfalfa Meal was steady to 10.00 higher across the nation.Source: USDA Market News Service, Minneapolis, MN Carol Meinders 612-370-3258 Minneapolis.LGMN@ams.usda.gov 24 hour recorded market information 612-370-3260 www.ams.usda.gov/mnreports/MS_GR850.txt www.ams.usda.gov/lsmarketNews0920C cam